Jingye Bearing reported annual revenue of 158 million yuan and net profit growth of 149%

Resource from: CBCC Likes:225

Jun 01,2016

Beijing Jingye Bearing Co., Ltd has reported the annual revenues of 158 million yuan in 2015, representing an increase of 16.44 % over the same period last year; the net profit of 14.1119 million yuan, representing an increase of 148.93%. As of December 31, 2015, Jingye Bearing had a total assets of 741 million yuan, representing an increase of 16.36 % over the same period last year; net assets attributable to shareholders of listed companies was 3.27 million, representing an increase of 4.54% over the same period last year. Jingye Bearing considers the growth in profits is mainly due to the business growth in wind power bearings.

(CBCC)

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